NOT WAITING FOR STOP TRADING NOW

Lets see, here is what the crowing rooster (Jim Cramer) said yesterday at 2:29 EST after the fed release:

"It's a buying opportunity, but you have to wait until Wednesday to make your move, just in case we get leaks from this Fed that we didn't get under Alan Greenspan. Watch and wait. Until tomorrow. "

Today, we get this gem 12:43 EST:

"This market is bursting with pleasure. Frankly, it doesn't make any more sense than Tuesday afternoon's action. Remember, it wasn't a "good" statement the Fed made, it was simply a reaffirmation that we weren't done with the rates hikes coupled with some horrendous language about the end of the temporary slowdown.

But let's go back to the thesis I articulated at the beginning of the week. You would get the big bad event, and once it was through, you would then get a ton of end-of-quarter buying because you will not be nailed by the authorities for walking a stock up with two days to go and then keeping it there with heavy buying underneath."

I guess he has already forgotten what he said yesterday. What a joker.